EXHIBIT 10.25
L. Xx Xxxxx
Amendment to the Unocal Employment Agreement of July 28, 1998
Section 4.3 (1) is hereby amended effective March 1, 2000, to read as follows:
(3) "The Company shall pay Employee a lump-sum severance amount within
thirty (30) days following Termination Without Cause equal to two (2)
times the sum of (a) the higher of the Employee's annual base salary
at the time of Termination Without Cause or the annual base salary
stated in Paragraph 3.1 hereinabove, and (b) the annual target Bonus
applicable to Employee as of the beginning of the calendar year in
which such Termination Without Cause occurs, reduced by the amount of
any Unocal Employee Redeployment Program and/or Unocal Termination
Allowance benefits payable to Employee."
Unocal Corporation
February 28, 2000
AGREED TO:
Date:
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Signature
_______________________________
Print Name
